There are a few good reasons why it’s essential to take the long view and find a healthy balance between living for today while saving for tomorrow.
Why is it important to get started now?
Did you know?
workers are not confident their money will be able to keep up with inflation in retirement
4 in 10
of workers are concerned that the increasing cost of living will make it harder for them to save money
84%
of retirees report health care expenses are higher than they expected them to be when they first retired
38%
of workers say nonmortgage debt has negatively impacted their ability to save for emergencies
Over half
1. Source: 2023 EBRI Retirement Confidence Survey
1
of retirees report health care expenses are higher than they expected them to be when they first retired
38%